M M Forgings
M M Forgings Performance
Day Range
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- High
52 Week Range
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- High
- Open Price
- Previous Close
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Start SIP in M M Forgings
Start SIPM M Forgings Investment Rating
-
Master Rating:
-
M M Forgings has an operating revenue of Rs. 1,389.98 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company has a debt to equity of 63%, which is bit higher. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 18% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 83 which is a GOOD score indicating consistency in earnings, a RS Rating of 64 which is FAIR indicating the recent price performance, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 30 indicates it belongs to a strong industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.
EPS Strength
Price Strength
Buyer Demand
Group Rank
| Indicator | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
|---|---|---|---|---|
| Oper Rev Qtr Cr | 360 | 342 | 327 | 314 |
| Operating Expenses Qtr Cr | 295 | 280 | 272 | 260 |
| Operating Profit Qtr Cr | 66 | 62 | 55 | 53 |
| Depreciation Qtr Cr | 17 | 17 | 16 | 15 |
| Interest Qtr Cr | 8 | 7 | 7 | 6 |
| Tax Qtr Cr | 13 | 11 | 10 | 9 |
| Net Profit Qtr Cr | 34 | 32 | 30 | 29 |
M M Forgings Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 0
- Bearish Moving Average
- ___
- 16
- 20 Day
- 844.8
- 50 Day
- 845.97
- 100 Day
- 846.63
- 200 Day
- 840.3
- 20 Day
- 842.88
- 50 Day
- 849.52
- 100 Day
- 847.14
- 200 Day
- 856.69
M M Forgings Resistance and Support
| Resistance | |
|---|---|
| First Resistance | 854.24 |
| Second Resistance | 862.72 |
| Third Resistance | 875.34 |
| RSI | 48.67 |
| MFI | 48.08 |
| MACD Single Line | -0.94 |
| MACD | -0.27 |
| Support | |
|---|---|
| First Resistance | 833.14 |
| Second Resistance | 820.52 |
| Third Resistance | 812.04 |
M M Forgings Delivery and Volume
| Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
|---|---|---|---|
| Day | 11,793 | 695,433 | 58.97 |
| Week | 7,234 | 489,801 | 67.71 |
| 1 Month | 12,614 | 868,118 | 68.82 |
| 6 Month | 24,628 | 1,573,946 | 63.91 |
M M Forgings Result Highlights
M M Forgings Synopsis
NSE-Steel-Producers
M M Forgings Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1104.64 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2022. M M Forgings Ltd. is a Public Limited Listed company incorporated on 21/02/1946 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L51102TN1946PLC001473 and registration number is 001473.| Market Cap | 2,030 |
| Sales | 1,344 |
| Shares in Float | 1.06 |
| No of funds | 35 |
| Yield | 0.71 |
| Book Value | 3.51 |
| U/D Vol ratio | 1.4 |
| LTDebt / Equity | 60 |
| Alpha | 0.02 |
| Beta | 0.85 |
M M Forgings
| Owner Name | Dec-22 | Sep-22 | Jun-22 | Mar-22 |
|---|---|---|---|---|
| Promoters | 56.34% | 56.34% | 56.34% | |
| Mutual Funds | 16.44% | 16.11% | 17.59% | |
| Foreign Portfolio Investors | 1.16% | 0.91% | 0.82% | |
| Individual Investors | 22.16% | 22.7% | 21.63% | |
| Others | 3.9% | 3.94% | 3.62% |
M M Forgings Management
| Name | Designation |
|---|---|
| Mr. N Srinivasan | Chairman |
| Mr. Vidyashankar Krishnan | Vice Chairman & Mng.Director |
| Mr. K Venkatramanan | Joint Managing Director |
| Mr. V Vaidyanathan | Director |
| Mr. A Gopalakrishnan | Director |
| Mrs. Kavitha Vijay | Director |
| Mrs. Sumita Vidyashankar | Director |
M M Forgings Forecast
Price Estimates
M M Forgings FAQs
What is Share Price of M M Forgings ?
M M Forgings share price is ₹838 As on 30 March, 2023 | 14:09
What is the Market Cap of M M Forgings ?
The Market Cap of M M Forgings is ₹2023 Cr As on 30 March, 2023 | 14:09
What is the P/E ratio of M M Forgings ?
The P/E ratio of M M Forgings is 16.1 As on 30 March, 2023 | 14:09
What is the PB ratio of M M Forgings ?
The PB ratio of M M Forgings is 3.6 As on 30 March, 2023 | 14:09